Todd Martin Development Fund

Analysis

Todd Martin Development Fund is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Todd Martin Development Fund reported income of $452k and spending of $489k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $452k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Todd Martin Development Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Mana Services Inc ($452k), Projectivity Group Inc ($452k) and Saint Lukes Youth Center ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $80k (16% of expenses). Other salaries and wages came to $104k. At year end it held assets of $155k against liabilities of $76k, net assets of $78k. It reported 3 employees.